# Lumentum Holdings Inc. (LITE) FY2025 Q3 Statement of Cash Flows

- Company: Lumentum Holdings Inc. (LITE)
- Period: 2024-12-29 to 2025-03-29
- Filing: Q3 FY2025 10-Q, filed 2025-05-07, accession number 0001628280-25-022788
- Page: https://plicit.ai/financials/lite/fy2025-q3-cash-flow
- Chart image: https://plicit.ai/charts/lite-fy2025-q3-cash-flow-sankey.png

## Chart details

Cash flows for Dec 29, 2024 through Mar 29, 2025. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 28, 2024. Ending cash: Mar 29, 2025. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Dec 28, 2024**: 479,700,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: negative 1,600,000 US dollars. Net cash used.
- **Net loss**: negative 44,100,000 US dollars
- **Gain on sale of facility**: negative 35,700,000 US dollars
- **Accrued payroll and related expenses**: 2,900,000 US dollars
- **Accounts receivable**: negative 32,200,000 US dollars
- **Depreciation expense**: 25,000,000 US dollars
- **Amortization and write-off of acquired intangibles**: 35,100,000 US dollars
- **Stock-based compensation**: 62,800,000 US dollars
- **Income taxes, net**: negative 11,700,000 US dollars
- **Other non-cash items**: 3,000,000 US dollars
- **Write-off of right-of-use assets**: 700,000 US dollars
- **Amortization of inventory fair value adjustment in connection with acquisitions**: 0 US dollars
- **Amortization of debt discount and debt issuance costs**: 800,000 US dollars
- **Loss on sales and dispositions of property, plant and equipment**: 5,200,000 US dollars
- **Accrued expenses and other current and non-current liabilities**: 4,600,000 US dollars
- **Accounts payable**: 6,200,000 US dollars
- **Operating lease liabilities**: negative 200,000 US dollars
- **Bad debt expense**: 3,400,000 US dollars
- **Operating lease right-of-use assets, net**: 0 US dollars
- **Inventories**: negative 20,700,000 US dollars
- **Prepayments and other current and non-currents assets**: negative 6,700,000 US dollars
- **Investing activities**: 53,100,000 US dollars. Net cash provided. The remaining amount is calculated by subtracting the other displayed items from the investing total. This quarter is the year to date less the prior quarter's year to date. The prior quarter reported part of this section under different lines (Proceeds from the sales of property, plant and equipment), so Proceeds from sale of facility, net of cash and selling costs and Proceeds from the sales of property, plant and equipment cannot be separated for this quarter. It may combine inflows and outflows.
- **Acquisition of businesses, net of cash acquired**: 0 US dollars
- **Proceeds from maturities and sales of short-term investments**: 157,800,000 US dollars
- **Payments for acquisition of intangible assets**: 0 US dollars
- **Payments for acquisition of property, plant and equipment**: negative 62,800,000 US dollars
- **Purchases of short-term investments**: negative 89,800,000 US dollars
- **Remaining investing cash flows, net (calculated)**: 47,900,000 US dollars
- **Financing activities**: negative 14,800,000 US dollars. Net cash used.
- **Payment of withholding taxes related to net share settlement of restricted stock units**: negative 12,500,000 US dollars
- **Payment of acquisition related holdback**: 0 US dollars
- **Proceeds from term loans**: 0 US dollars
- **Principal payments on term loans**: negative 2,500,000 US dollars
- **Payment of 0.25% Convertible Notes due 2024**: 0 US dollars
- **Proceeds from employee stock plans**: 200,000 US dollars
- **Operating adjustment reconciliation**: 151,300,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- **financing gross reconciliation**: 15,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **investing displayed reconciliation**: 205,700,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
- **Exchange-rate effect**: 0 US dollars
- **Ending cash on Mar 29, 2025**: 516,400,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 532,800,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: 36,700,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.
- **Operating cash flow**: negative 1,600,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 62,800,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: negative 64,400,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

### Chart connections

- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net loss −$44.10M + net operating adjustments $42.50M = operating cash −$1.60M. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
- Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: negative 1,600,000 US dollars minus 62,800,000 US dollars equals negative 64,400,000 US dollars.